Archive for May, 2012

Next 1 Interactive, Inc. (NXOI) Retains M80 to Launch Online Travel Industry Video Program

Thursday, May 31st, 2012

Next 1 Interactive, a media company specializing in travel and real estate operating through its wholly owned travel subsidiaries Maupintour and NextTrip, today announced that M80, a division of WPP plc, will assist in the implementation of Next 1’s CONNEXT1 proprietary travel industry video advertising program to increase both tour bookings and cooperative travel marketing budgets with key travel partners.

CONNEXT1 is designed to capitalize on Maupintour’s existing travel industry relationships and Next Trip’s extensive travel video library to target online travel-researching consumers.

Utilizing technology capable of identifying targeted video advertising opportunities, the program will monitor more than 75 million traveling consumers and will provide targeted video advertising opportunities for travel industry specialists.

M80’s expertise is in the implementation of social media-generated information. The company will provide Maupintour with ongoing program support for the strategy, content distribution, optimization, and response analytics involved.

“The CONNEXT1 solution is a dramatic contrast to virtually all traditional marketing programs that count on mass marketing reach to capture a small, interested audience. It will not only provide consumers access to the product they want, when they want it, but will do so with video clips that connect key travel suppliers with the specific audience they desire to reach. It is very exciting to be working with M80,” Bill Kerby, CEO of Next 1 stated in the press release.

For more information visit www.nxoi.com

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Genta, Inc. (GNTA) Initiates Phase 2b Trial for Tesetaxel as Initial Therapy for Women with Recurrent Breast Cancer

Thursday, May 31st, 2012

Genta, a biopharm company focused on the oncology market, today announced that it has added the first patient to a new randomized trial of tesetaxel as initial chemotherapy for women with advanced or recurrent breast cancer.

The company expects to enroll 220 patients for the 12-month, randomized phase 2b study, which will be conducted across 15 sites in the U.S. and Western Europe.

The participating women will not have previously received chemotherapy for metastatic or recurrent disease, though eligible patients who are HER2-negative may have received adjuvant chemotherapy and hormonal therapy.

The study will compare two oral chemotherapy agents; patients will be randomized to one of three treatment groups administered twice per day for 14 consecutive days. The primary endpoint of the trial is overall response rate; secondary endpoints include progression-free survival and safety.

In the previously conducted two phase 2a studies, tesetaxel was generally well-tolerated. In the first study, 13 of 34 patients (38 percent) achieved a major objective response, and 11 patients achieved stable disease, for a disease control rate of 70 percent. In the second trial, 20 of 44 patients (45 percent) achieved major objective responses with a disease-control rate of 82 percent.

“Our preliminary results suggest that tesetaxel may compare favorably with capecitabine across a number of parameters, including response, safety, convenience, and compliance,” Dr. Loretta M. Itri, Genta’s president and chief medical officer stated in the press release. “Genta has now completed two, non-randomized, phase 2a studies comprised of more than 80 patients. The Company has been engaged in extended discussions with regulatory authorities in the U.S. and EU regarding potential registration strategies for tesetaxel in breast cancer. We believe this new study will provide a firm basis for a phase 3 trial design as first-line chemotherapy in this patient population.”

For more information visit www.genta.com

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SmallCapVoice: Fresh & Easy Neighborhood Market Joins Marley Coffee (JAMN) Movement

Thursday, May 31st, 2012

Marley Coffee, a sustainably grown, ethically farmed and artisan roasted gourmet coffee, today announced new distribution with Fresh & Easy Neighborhood Market, a 197-store grocery retailer serving California, Arizona and Nevada. Effective immediately, all Fresh & Easy stores are offering Marley Coffee Organic Ground 8oz. bags in the following varieties: One Love 100% Ethiopian Yirgacheffe (medium roast), Buffalo Solider (dark), and Get Up Stand Up (light). The agreement represents the largest opening launch for a new retail partner in the history of Marley Coffee.

Fresh & Easy opened its first stores in 2007. All of Fresh & Easy’s products, including ready-to-cook meals, are made with the highest quality ingredients, and contain no artificial colors, flavors high fructose corn syrup or added trans fats. In addition to fresh prepared meals, Fresh & Easy offers fresh baked goods, meats and produce as well as favorite national brand products and household items, all at great low prices. For more information about Fresh & Easy, visit www.freshandeasy.com.

“I’m excited to join forces with Fresh & Easy as they share our love for premium quality, ethically farmed coffee and we are blessed to have a new partner who shares our commitment to sustainable business practices,” said Rohan Marley, chairman, Marley Coffee. “We continue to increase our sales through a strategic, multichannel approach that will allow consumers to find Marley Coffee whenever and wherever they choose – at home, at the office or on-the-go via retail stores, online, office coffee service, branded vending and foodservice solutions, and our new, earth-friendly franchise concept.”

“We continue to increase our retail presence for Marley Coffee and drive sales, and we’re excited to work with Fresh & Easy Neighborhood Market to expand our distribution on the West coast and into the Southwest,” said Brent Toevs, CEO, Marley Coffee. “Fresh & Easy is an excellent addition to our movement, as we continue to make Marley Coffee available to coffee fans across the nation.”

For the home, Marley Coffee currently offers two new varieties of Jamaica Blue Mountain® Ground Coffee roasts and six varieties of certified USDA Organic Ground Coffee as well as Whole Bean Coffee and compostable Single-Serve At-Home Pods. The new Marley Coffee RealCup™, compatible with most models of the popular Keurig-brand single-serve coffee brewers, will be available in September 2012 in an array of roasts for both home and office use.

Marley Coffee is also available for the trade in Traditional 2.5oz Fracs, compostable Single-Serve Breakroom Pods, and Branded Vending and Foodservice Solutions. In addition, the company recently introduced its first mobile retail concept, the Marley Coffee-brand Bike Caffe (www.bikecaffe.com/marleycoffee), which has already started selling to franchise buyers.

All Marley Coffee products live up to the Rastafari standards of ITAL, standing for all things Pure, True and Vital. A portion of all sales of Marley Coffee supports the Kicks for Cause Foundation. Started by Marley Coffee, Kicks for Cause aims to build playable soccer fields and soccer camps for children of coffee-producing communities in Jamaica.

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Amarc Resources Ltd. (AXREF) Acquires 100% Interest in Newton Gold Project

Thursday, May 31st, 2012

Amarc Resources is a precious metals exploration and development company which is currently focused on the next major gold discovery in British Columbia, Canada. The company is associated with the highly successful, diversified global mining company Hunter Dickinson. Amarc’s current emphasis is on developing its now 100% owned Newton gold project along with the Galileo gold property which lies adjacent to New Gold’s Blackwater property.

The company announced that effective May 22, 2012, the Participating Interest of Newton Gold in the Newton joint venture converted to a 5% Net Profits Interest in accordance with the terms of the joint venture agreement between Amarc and New Gold Inc. As a result, the joint venture agreement has been terminated and Amarc now holds a 100% interest in the Newton property, subject only to the 5% net profit interest and a net smelter return royalty, which both will go to New Gold.

Delineation drilling of the Newton gold discovery started in September 2011 and has progressed rapidly with completion of 43 drill holes, covering 16,000 meters. This recent drill phase brings the grand total to 72 drill holes covering about 23,300 meters. Further drilling activity at the site is now on hold pending assay results. Over the next two months, Amarc’s geological team will integrate the assay data with information from various ongoing geological studies.

Permit applications for geophysical surveys around the Newton deposit and additional drilling have been submitted to the provincial government. In addition, a resource estimate for the Newton deposit is underway and is expected by mid-July.

For further information about Amarc Resources and its gold discoveries, please visit the company’s website at www.amarcresources.com

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SilverSun Technologies, Inc. (SSNT) Targets the Growing Small to Medium Sized Business Market

Thursday, May 31st, 2012

SilverSun Technologies is a full service information technology and software company. It’s a leader in marketing ERP and financial accounting solutions, with an extensive history helping small/medium sized businesses in a wide range of industries. The company, through its principal operating subsidiary, SWK Technologies, specializes in software integration and deployment, programming, training, and technical support, with the goal of improving the financial reporting and operational efficiencies of its clients.

The company is a value-added reseller of Sage Software’s ERP (Enterprise Resource Planning) software, including ERP X3, MAS90, and MAS200. SWK also publishes MAPADOC, a proprietary EDI (electronic data interchange) software. In addition, the company provides network services, such as 24/7 remote network monitoring, data back-up, and disaster recovery services for its clients.

SilverSun’s major differentiating factor is its wide range of value-added services, including programming, training, technical support, and other consulting and professional services. They are known for software customization, data migration, business consulting, and implementation assistance for complex design environments.

SilverSun’s growth strategy is to grow organically while acquiring firms in the extensive and expanding small and medium size business marketplace. Many ERP products are marketed through an extensive channel of resellers. SilverSun intends to use SWK as a platform to roll up and aggregate the best and brightest of these resellers into a single company under the SilverSun umbrella. SWK serves the greater New York Metro area, New Jersey, as well as upstate and western New York. SilverSun also plans to target for acquisition other software companies with proprietary products that serve the SMB marketplace.

For additional information, visit SilverSun’s website at www.SilverSunTech.co, and SWK’s website at www.SWKtech.com

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USA Recycling Industries, Inc. (USRI) Takes Significant Step Forward to Promote Transparency

Thursday, May 31st, 2012

This morning it was confirmed that USA Recycling’s “OTC Pink Limited” designation has been replaced with “OTC Pink Current” status. In order to obtain the Current Rank Icon Status, the company had to file the necessary disclosure documents.

Completion of the upgrade to OTC Pink Current is a positive step forward in bringing shareholder value to the public and will raise USA Recycling’s profile for current and potential investors. To view the recently filed quarterly report and attorney letter with respect to current information, visit www.otcmarkets.com/stock/USRI/financials.

USA Recycling is a mid-market recyclable waste collection & disposal service, providing specialty recycling programs to commercial & industrial customers throughout North America. Operating through multiple company-owned & partnership recycling centers, the company primarily targets growth opportunities in the $75 billion global scrap metals market.

To learn more about the company, visit www.usarecyclingindustriesinc.com

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USA Recycling Industries, Inc. (USRI) is “One to Watch”

Wednesday, May 30th, 2012

USA Recycling Industries is a mid-market recyclable waste collection & disposal service, providing specialty recycling programs to commercial & industrial customers throughout North America. Operating through multiple company-owned & partnership recycling centers, the company primarily targets growth opportunities in the $75 billion global scrap metals market.

USA Recycling has operated since its inception in 2000, and its largest operating subsidiary, Scrap USA, since 2007 has been focused on and successful in servicing the automotive service center industry. It currently provides specialty recycling programs to more than 5,000 automotive service center locations operated by some of the most recognizable names in that retail category.

With a well-established national footprint, the company is now integrating other ancillary services such as the collection & disposal of other recyclable waste streams. USA Recycling has also opened the door to franchising opportunities and recently signed a proprietary revenue sharing agreement with Recycling Franchisors, Inc. Other initiatives to drive growth and boost prominence include the launch of a new website and relocation of executive offices.

USA Recycling has successfully contracted automotive waste-generators for collection & disposal services, selling the processed recyclable materials to end-user-consumers through the company’s trading operations with offices in North America, India, and the United Arab Emirates. The company’s primary aim is to maximize shareholder value while providing the highest level of quality waste collection & disposal services to its customers, ensuring its collected debris remain free of any U.S. landfills.

For additional information, visit the company’s website at www.USARecyclingIndustriesInc.com

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PLC Systems, Inc. (PLCSF) Inks Three New Distribution Agreements for Use of RenalGuard

Wednesday, May 30th, 2012

Medical device technologies company PLC Systems today announced that it has signed new distribution agreements for RenalGuard® with Girlow USA LLC, Cenas, Co. Ltd, and Pyramed Ltd., which expands the company’s reach in Mexico, Central America, and South America, as well as Turkey and the United Kingdom.

“These new distributors will enable PLC to expand the use of RenalGuard more deeply in important markets in Europe, and to continue our penetration of the growing healthcare markets in Mexico, Central America and South America,” Mark R. Tauscher, president and CEO of PLC Systems stated in the press release. “Our new partners are successful distributors in their respective markets and we believe their addition to our worldwide distributor network will help in our efforts to increase worldwide adoption of RenalGuard.”

RenalGuard is CE-marked, which means it can be sold immediately in the United Kingdom; Cenas has applied for Ministry of Health approval to market the product in Turkey; Girlow USA is registering RenalGuard for sale in Mexico, as well as on a country by country basis in Central America and South America.

In late 2011, PLC System commenced the U.S. pivotal trial of RenalGuard, which is required to secure approval from the U.S. Food & Drug Administration to market and sell RenalGuard in the United States.

For more information visit: www.plcmed.com

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Northcore Technologies, Inc. (NTLNF) Launches New Customer Web Site through Portfolio Company Envision Online

Wednesday, May 30th, 2012

Northcore Technologies, a provider of asset management and social commerce solutions, today announced the launch of a new customer Web site delivered through its portfolio company Envision Online Media Inc., an Ottawa based software development company.

Envision created the site for ArtSmarts, a national non-profit agency that supports, promotes, and demonstrates the impact of the arts as a way of teaching and engaging students, schools, and communities.

The site provides a channel through which ArtSmarts can boost its visibility to a wide range of individuals.

“The launch of the new ArtSmarts Open Web site is a major milestone for our team,” Colin Jackson, chair of ArtSmarts Open stated in the press release. “This innovative Web presence will allow us to reach an even broader range of participants and engage students and teachers in a wide variety of novel and effective ways. Thanks to the team at Envision for their great work on this project.”

For more information visit www.northcore.com

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Amtech Systems, Inc. (ASYS) Reports Substantial Interest at Recent SNEC Solar Industry Exhibition & Conference for New Ion Implant & PECVD Products

Wednesday, May 30th, 2012

Amtech Systems, a worldwide supplier of production and automation systems and related supplies for the manufacture of solar cells, semiconductors, and sapphire and silicon wafers, announced today that its new ion implant and PECVD products garnered substantial interest at the SNEC 6th (2012) International Solar Industry and Photovoltaic Exhibition Conference. The conference took place May 16-18, 2012, in Shanghai, China.

Amtech’s China subsidiary, Kingstone Semiconductor, spent just a little over a year developing its ion implant system before showing it at the SNEC Exhibition. This system was developed precisely to serve the solar industry’s continued need to increase efficiency at a lower total cost of ownership.

In addition to the exciting new technology from Kingstone, Tempress Systems, another subsidiary of Amtech, debuted its tube-type batch PECVD product at the SNEC Exhibition. In the development of this new product, Tempress has drawn on its vast expertise in the fields of diffusion batch processing and PECVD development to bring this new product to market. This move positions Tempress to double the size of the solar market it serves.

Mr. Fokko Pentinga, Chief Executive Officer of Amtech, commented, “We are excited to report a very high level of interest in our new products. Having the ion implant system physically at our booth gave our current and prospective customers the opportunity to see the quality of design and manufacturing of this solar implant system and familiarize themselves with its capabilities. We are processing sample wafers for a select number of customers with our machine and are having discussions on potential future orders for the beta machine.”

“Our investment in research and development is delivering highly relevant technologies to the marketplace. Additionally, the introduction of these new technologies serves our ongoing strategic objective to expand our product portfolio and the size of market we serve, and to more fully participate in the next generation, high-efficiency solar market.”

For more information, please visit www.amtechsystems.com

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Beacon Equity Research Featured Company: iTrackr Systems, Inc. (IRYS)

Wednesday, May 30th, 2012

iTrackr Systems, an e-commerce and social media software and services company, built and now operates iTrackr.com, which is a direct deals platform containing more than a million business profiles. This Web site is designed to give customers and their local merchants the ability and independence to directly negotiate discounts on their own terms.

Through RespondQ, iTrackr’s wholly owned subsidiary, the company offers pioneering chat technology through licensing and is the first in its class to additionally offer a full service and “pay for performance” model to qualifying site owners. Headquartered in Deerfield Beach, Fla., iTrackr was founded in 2006.

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Brigus Gold Corp. (BRD) Drilling at Black Fox Mine Returns More High-Grade Gold Intercepts

Wednesday, May 30th, 2012

Brigus Gold, the rapidly emerging mid-tier gold producer with primary sites in Canada at their wholly-owned Black Fox Mine (which has an on-site milling facility), announced today that exploratory drilling on the southern arm of Black Fox continues to return high-grade gold assays.

Bringing in results across a good range of gold mineralization values ranging upwards of 5 g/t (across six holes, citing uncut average gold grades over the length of the core widths), with notable entries like 25.72 g/t Au over 33.3 feet (including a whopping 281.75 g/t over 2.8 feet), or 5.42 g/t Au over 103 feet (including 102 g/t Au over 3.3 feet), Brigus’ management must be extremely pleased to be finding yet more evidence that the so-called Contact Zone in the south of the Black Fox Complex is rich in high-grade gold targets.

Indeed, even VP of Exploration for BRD, Howard Bird, in his review of this latest set of data, was somewhat taken aback at just how unexpectedly far over the anticipated widths core values were for this high-grade gold mineralization. While BRD knew there was high-grade gold here from previous drilling, it was not clear just how thick the intercepts could be and these results offer a more complete portrait of the underlying geology/structural makeup of the site that has bolstered confidence at the company considerably.

Bird went on to explain that certain dilation jogs in the immediate geology, in conjunction with cross-cutting fault structures are sufficient to explain the “impressive plunging gold shoots” observed in this latest bout of highly focused/targeted drilling.

The Contact Zone mineralization is characterized by a steeply dipping fault contact between two north-south trending groups (metasediments and mafic volcanic rocks), as well as other proximal hanging wall/footwall zones. With an outline for the area encompassing a strike of some 1,476 feet in length (easterly trending dip of 78 degrees), the company has a very good logistical window here, with the strike open at depth and along strike to the north.

The Black Fox Complex is really the jewel of BRD’s crown and continues to earn that reputation with results like those in today’s report. Black Fox is a huge project of some seven square miles, encompassing the primary mine and mill site, as well as ancillary/adjoining properties in the nearby Township of Black River-Matheson, Ontario. Located smack in the middle of the prolific Timmins Mining District, Black Fox has only seen only approximately 25% of the total footprint systematically explored thus far, leading many investors (as well as the staff at BRD) to posit that there is significant upside potential remaining on the property (something made all the more palpable by today’s findings).

A preliminary economic assessment is currently underway on the Contact Zone (as well as the proximal 147 Zone) and the initial resource estimate compiled in December of last year alone added as much as 50% to the gold resource. Needless to say expectations are running high over at BRD and exploration drilling via the three on-site drilling rigs, with a projected 2012 release date for an updated estimate on Contact and 147, is progressing according to schedule.

The Brigus exploration team supervised Norex Drilling for the majority of surface drilling in today’s report, with sample analysis being handled by respected local laboratory, Polymet Labs over in Cobalt, Ontario (as well as SGS Laboratories in Sudbury, both of whom are ISO 9001:2000 certified in North America for standard fire assay). Senior Exploration Project Manager John A. Dixon, P. Geo., handled the review of technical data, acting as the Qualified Person for BRD and the company has gone to great lengths as usual to implement their standard quality control methods, including insertion of blanks and duplicates.

Adding to this strong production pipeline in Canada, BRD also has the Goldfields property near Uranium City, Saskatchewan, under their belt (economically recoverable gold deposit and reserves of some 1M ounces), as well as satellite projects in Chihuahua and Chiapas, Mexico.

For more information on today’s report that covered new drilling at Black Fox, including analysis of anything over 1 g/t, and a map of the drilling, please visit the Brigus Gold Corp. website at: www.brigusgold.com

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SmallCapVoice: ecoTECH Energy Group, Inc. (ECTH) Announces Update to McBride Combined Heat and Power Station Project

Wednesday, May 30th, 2012

ecoTECH Energy Group, headquartered in Seattle, WA, today announced that it recently was invited to a Jobs, Tourism & Innovation meeting in Blue River, BC, Canada. The meeting was in support of the Robson and Thompson Valley’s Corridor Jobs Creation Initiative. As part of the thrust to create socio-economic benefit in the corridor, 3 cabinet ministers were in attendance hosting the meeting – The Honourable Shirley Bond, The Honourable Pat Bell and The Honourable Terry Lake. After explaining several government backed initiatives to allow speedier progress for industry and tourism in the valleys, Attorney General Shirley Bond made a surprise announcement that Mr. Dan Doyle, OBC, Chairman of BC Hydro was joining the meeting and had an announcement to make. The Chairman of BC Hydro announced that as its commitment to this project, BC Hydro will fund approximately $50 million worth of system upgrades at the Valemount substation, the planned McBride substation and the microwave control towers that are required for the transmission line to McBride, BC, Canada.

In addition to the transmission line, BC Hydro will begin negotiating Electricity Purchase Agreements with clean energy producers in the region, one of which is ecoTECH.

ecoTECH presented its plan alongside Holmes Hydro and Snowshoe Power Ltd. Holmes Hydro is a co-financing partner in the Transmission line with ecoTECH and has already provided several detailed components for the Transmission line to be put in. Holmes and Snowshoe will be providing ROR (run of river) power to the line with ecoTECH providing power and shaping the power with a biomass power station. During freshet when Holmes is at full capacity, ecoTECH will do its maintenance and during the cold freeze, ecoTECH’s CHP station will be running at full capacity.

Currently, the Village of McBride receives electricity service via an 85 kilometre distribution line originating in Valemount. The line is at its maximum capacity and the region experiences more frequent outages than the provincial average. In July 2010, the Robson Valley Task Force was established of which ecoTECH was a participant to evaluate opportunities to improve electricity service and foster economic development in the Robson Valley.

As a result of the work of the Task Force, BC Hydro (www.bchydro.com), in conjunction with the Ministry of Jobs, Tourism and Innovation, has now identified that the most cost-effective option for extending the transmission system to McBride is to construct a new 138 kilovolt transmission line from the existing Valemount Substation and build a new substation in the McBride area.

“The announcement today is a result of years of work as an MLA with mayors and council, power producers, economic development officers, BC Hydro and the provincial government. The need for additional capacity and service reliability has been a significant issue for residents and industry alike. A new transmission line will help create jobs, secure power and act as a badly needed catalyst for economic development in the Robson Valley,” commented Shirley Bond, MLA Prince George-Valemount and Attorney General for British Columbia.

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ProGraming Platforms Corp. (PPTF) Taps the Growing World of Social Gaming

Wednesday, May 30th, 2012

One of the keys to successful marketing is finding a good way to get people to give your product a try. That’s exactly what ProGaming Platforms, developer of an advanced commercial multiplayer gaming platform, is expecting to do with its recently announced new puzzle game, designed to showcase the platform’s capability to transform virtually any web game into a multiplayer competitive game of skill. The platform’s first commercial use will be serving the online advertising industry by allowing different organizations to hold multiplayer tournaments in order to increase traffic to websites.

Social gaming, via social networks, is an industry that continues to expand, now representing commercial activity worth billions in annual sales, with some expecting it to top $5 billion by 2015. Hundreds of millions of people now regularly play online social games, though the name may suggest more socialization than actually occurs in the online gaming environment.

The potential for marketing is becoming clear to vendors, including such big-name advertisers as McDonald’s. Nobody any longer thinks social gaming is just a fad with a limited shelf life. In fact, nearly half of all people who are considered gamers play on social media platforms, usually with their friends. Add to this the fact that mobile devices, which of course stay with the users virtually all day, are increasingly the device of choice, and the possibilities for communicating with and capturing a young and willing-to-spend market become clear.

In the case of ProGaming, its new game, a puzzle game that targets the extensive worldwide jigsaw puzzle market, will hopefully give users a taste of the company’s high-function gaming platform, and begin building a base that will attract advertisers. The company will continue to grow the game, and already plans to implement a Facebook API to provide a rewards-based experience to the game.

For additional information, visit the company’s websites at www.ProGamingCorp.com and www.ProGamingCorp.info

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GlobalWise Investments, Inc. (GWIV) Announces Inaugural Partner Advisory Board Meeting

Wednesday, May 30th, 2012

GlobalWise Investments and its wholly owned subsidiary Intellinetics, a leading-edge technology company focused on the design, implementation and management of cloud-based Enterprise Content Management (“ECM”) systems in both the public and private sectors, just announced that an inaugural Partner Advisory Board meeting is taking place in Columbus, Ohio. The three day event is being held May 29 – May 31.

GlobalWise CEO William J. “BJ” Santiago established this meeting to bring together the various forms of sales distribution into a single location to share best practices for selling ECM software services, as well as to jointly develop future applications and improvements to the software portfolio. With ECM software applications being needed for every industry, and any size business, the concern for channel conflict or sharing of trade secrets between competitors is minimal and actually encouraged for the benefit of all those involved.

“I am excited to be hosting the inaugural Partner Advisory Meeting,” exclaimed William J. “BJ” Santiago, CEO of GlobalWise. “Many of our key, strategic Channel Resellers are in an attendance for a fantastic event that will be held over a three day period. I see this as an excellent educational forum for our selling partners to get together and learn how each other use and actively sell our software portfolio. Equally important, our software developers are hearing directly from sales channel partners what the market is asking for so that we are always on the cutting-edge of technology, similar to our migration from premise-based software to an Internet cloud based service delivery model.”

Participants at the inaugural meeting include various Channel Partners who actively market ECM solutions directly to business clients. Those Channel Partners include FormFast, ImageSoft, Primary Solutions, MWA Intelligence (MWAi), and many others. These partners cover a wide range of industries throughout the United States, including state and county governments, insurance, healthcare, court systems and educational institutions. With MWAi, the Company has the opportunity to expand beyond North America into the Asian and EMEA markets internationally.

Also attending is Lexmark International, Inc., who has integrated the IntellivueTM ECM software into their multi-function copiers and printers service offering. Lexmark developed the private-labeled DocMP (Document Management Platform) service that delivers Lexmark clients a multi-function copier and printer embedded with the ECM document management functions provided by Intellinetics’ IntellivueTM software. To see how Lexmark has integrated the IntellivueTM ECM technology into the DocMP platform, please click the following link to watch a YouTube video demonstration: http://youtu.be/69mnWMFy7uA.

“Lexmark is a marquee relationship for GlobalWise and Intellinetics,” commented Santiago. “By integrating the IntellivueTM software into an industry-leading hardware manufacturer like Lexmark, we instantly expanded our sales opportunities with a low-cost, private-labeled sales distribution model. Similar to our Channel Distribution model, this hardware integration approach is another method to expand our sales scope for our software products with cost-effective customer acquisition strategies. I think all of our sales distribution partners will enjoy the three day event and will leave with exciting new ways to market ECM solutions.”

For additional information on GlobalWiseInvestments, visit the company’s website at www.GlobalWiseInvestments.com.

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MMRGlobal, Inc. (MMRF) MyMedicalRecords.com Personal Health Record to Be Offered to 600,000 Veterinarians and Pet Owners

Wednesday, May 30th, 2012

MMRGlobal announced today that Pets Best Insurance has begun offering MMR’s flagship MyMedicalRecords personal health record as part of its BestWellness Program. MyMedicalRecords is the only personal health record covering all members of a family, including pets, at no extra cost.

Pets Best Insurance is a nationwide organization focused on insuring the health of the millions of dogs and cats in America. Beginning this week, Pets Best Insurance’s offer of MyMedicalRecords will appear in more than 600,000 e-mails to vets and consumers and will also be featured on the Pets Best Web site. Pet owners can additionally access the offer on the MyMedicalRecords Web site at www.mymedicalrecords.com/petsbest.

Since more than 60% of Americans own a dog and 34% of American households have a cat, MMR believes this offer and others like it will be ultimately seen by potentially millions of pet owners. MMR has already previously offered its personal health record products through Dancing Paws, a company partially owned by MMRGlobal CEO Bob Lorsch.

MyMedicalRecords is MMR’s leading consumer-controlled personal health record product, created to enable families to maintain all their medical records for up to 10 family members, including pets, in one secure online location. Customers can access their medical records anytime and from anywhere in the world via the Internet. MyMedicalRecords is the only personal health record that stores actual copies of patient files in their original formats from any healthcare professional, connecting patients to their providers through a patented telecommunications platform that seamlessly integrates Internet, fax, and voice.

Included in MyMedicalRecords is MyEsafeDepositBox, which stores important documents like copies of birth certificates, advance directives, mortgage documents, marriage licenses, passport information, family photos, and more at no additional charge. MyMedicalRecords users can also receive a personalized Emergency Wallet Card that features a photo of them with their pet, connecting doctors and emergency personnel to potentially lifesaving information accessed through MyMedicalRecords’ special emergency login portal.

Through its wholly owned operating subsidiary, MMRGlobal offers secure and easy-to-use online personal health records and electronic safe deposit box storage solutions. The company serves consumers, healthcare professionals, employers, insurance companies, financial institutions, professional organizations, and affinity groups. The company’s MyMedicalRecords personal health record is built on proprietary, patented technologies that allow documents, images, and voicemail messages to be transmitted and stored in the system using various methods, including fax, phone, and file upload, without relying on any particular electronic medical record platform to populate a user’s account.

MMR’s professional offering, MMRPro, gives physicians’ offices an easy and cost-effective solution for digitizing paper-based medical records and sharing them with patients in real time through an integrated patient portal. MMR is an Independent Software Vendor Partner with Kodak to deliver an integrated turnkey EMR solution for healthcare professionals.

For more information, visit www.mmrglobal.com

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Orbital Corp. Ltd. (OBT) to Supply FlexDI Engines to AAI

Wednesday, May 30th, 2012

Orbital recently announced that the company has been contracted to supply engines for use in vehicles manufactured by Textron, Inc. subsidiary AAI Unmanned Aircraft Systems. The heavy fuel engines Orbital is supplying utilize the company’s new FlexDI Engine Management system, which enables vehicles to use fuels such as JP5 and JP8, satisfying a U.S. Department of Defense policy which eliminates gasoline fuels for safety and logistic reasons; the DoD’s “one fuel” policy.

Based in Perth, Western Australia, Orbital is focused on providing green product design and development to manufacturers of engines and engine management systems. Orbital technology has been used in the manufacture of a wide variety of vehicles, including motorcycles, marine and recreational vehicles, automobiles, and trucks.

FlexDI engines are intended to be installed in AAI’s Aerosonde Small Unmanned Aircraft System (SUAS), which will be used in fee-for-service operations under a recently won contract from the U.S. Navy and Special Operations Command. The new engine has been designed with a smaller size in mind, in order to be lighter and more fuel efficient, increasing the range of a typical SUAS mission by 40%, or enabling the vehicle to carry a larger payload.

Terry Stinson, CEO and managing director of Orbital, said, “New ground had to be broken with AAI to meet their aggressive SUAS engine requirements, and we have been able to successfully develop and supply the demonstration engines from our Perth facility. This success now leads to production supply of engine systems. This is good example of Australian innovation, and demonstrates Orbital’s engineering and product development capabilities. The small unmanned aerial systems market is an emerging market for Orbital and we look forward to realizing this potential.”

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Cannabis Science, Inc. (CBIS) Video Chart for Wednesday, May 30, 2012

Wednesday, May 30th, 2012

Slipping from highs around 18 cents, the CBIS chart is now hovering around support at 7 cents. The indicators are mixed, but the stock has made several nice moves off support levels in the past. This newest level is important as it is keeping the price per share above the 200 day simple moving average.

To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts

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Flexpoint Sensor Systems, Inc. (FLXT) Discusses Success of Bend Sensor Technology

Wednesday, May 30th, 2012

Yesterday, Flexpoint Sensor Systems reported updates on the development of 16 commercial applications of its Bend Sensor technology, ranging from safety systems to medical devices. Bend Sensor technology is a key component in a developing safety system for ambulance, garbage, and commercial truck applications that will likely soon be mandated for use in all such vehicles.

The 16 companies currently using and ordering custom made Bend Sensors are developing products that are progressing through advanced stages of development with several on the verge of entering highly lucrative commercial markets.

Flexpoint President, Clark Mower, remarked, “We are seeing our strategy of developing proof of concept through commercial applications continuing to yield results. There are few applications more demanding of performance and reliability than those pertaining to safety and health. It is rewarding to see the acceptance and the efficacy of our patented Bend Sensor technology for clients in these diverse applications.”

Over the past several months, Flexpoint has seen its Bend Sensor’s reputation for performance, durability, and uniqueness cemented through intensive testing and growing demand for use in a large and growing array of products and devices, including many related to safety.

“As we continue to generate confidence in the Bend Sensor’s elite durability and performance, we strengthen our position with prospective clients, and we are confident we will see our product expand into many other industries and products,” Mower added. “The bottom line is we believe the products we have in the market and on the horizon could take off at any time, representing millions of dollars in potential revenues, and are only the beginning for the Bend Sensor.”

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GTSO Resources, Inc. (GTSO) Reaches Framework Agreement with JV Target

Wednesday, May 30th, 2012

GTSO Resources, an emerging tungsten mining company, today reported that it has reached a framework joint venture agreement to explore mining projects and operations in North America and Africa.

According to GTSO CEO Paul Watson, an agreement is expected to be signed with experienced exploration and excavation specialists Diamond V Associates, Inc. (DVA).

“Now that we have reached a workable structure, executives from both companies are now finalizing a joint venture contract,” Watson stated. “We hope to move forward with a signed agreement by the end of this week.”

As terms of the joint venture, GTSO would provide funding and expertise in exchange for DVA’s help researching, planning, and developing promising reserves of tungsten and other valuable minerals in North America and Africa.

For more information on GTSO Resources’ aggressive growth plans, please visit www.gtsoresources.com/investors.html

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Penson Worldwide, Inc. (PNSN) Agrees to Sell Futures Division to Knight Financial

Wednesday, May 30th, 2012

Penson Worldwide announced yesterday that it has reached an agreement with Knight Capital Group, Inc. (NYSE Euronext: KCG) regarding the sale of certain assets and liabilities of the futures division of Penson’s U.S. broker-dealer subsidiary, Penson Financial Services, Inc. (PFSI). The deal, subject to standard closing conditions and regulatory approvals, is projected to close in the second quarter of 2012. PFSI’s futures division services over 60 introducing brokers, high frequency traders, hedgers, non-clearing FCMs, professional traders, and exchange members.

As consideration for the transfer of certain assets and liabilities of the futures division, Penson will receive $5 million at closing. A portion of the $5 million will be held until the transfer of certain exchange seats or memberships. In addition to this lump sum, earn-out payments will be made to Penson based on the performance of the futures division over the next three years. Management at Penson anticipates the total amount of consideration will result in a small gain on the entirety of the sale.

Knight will receive customer futures positions and segregated funds and collateral, and foreign exchange positions and margin. Customers will not be inconvenienced by a change in access to their positions and accounts as a result of the transfer, and the transfer will not require any technology conversions or updates. Current management of Penson’s futures division will remain in place, and through a transition services agreement, Penson will continue to service its introducing brokers and customers. The vast majority of futures division employees are expected to make the transition to Knight. Additional details will be provided in further Penson filings with the Securities and Exchange Commission.

“Knight provides accounts with a stable, well-capitalized, independent platform and it will be ‘business as usual’ for futures customers,” said Philip A. Pendergraft, CEO of Penson Worldwide. “This transaction represents an ideal solution for our futures introducing brokers, customers, and related counterparties, as well as for our other stakeholders. As previously announced, we continue to work on other strategic transactions in both the US and Canadian markets.”

“We’re pleased to expand Knight’s capabilities in futures,” says Thomas M. Joyce, Chairman and Chief Executive Officer, Knight Capital Group. “We’ll continue Penson’s work to enhance the client experience through advanced trading technologies and superior service.”

For further information, please visit www.penson.com

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PowerSecure International, Inc. (POWR) Protects East Coast Customer Operations, Assists with Power Restoration Efforts during Tropical Storm Beryl

Tuesday, May 29th, 2012

Leading utility and energy technologies provider PowerSecure International today announced its Interactive Distributed Generation (IDG) standby power systems are supporting utilities and their commercial and industrial customers during the power outage events caused by Tropical Storm Beryl.

Since the start of Memorial Day weekend, PowerSecure’s IDG monitoring team has been in “storm mode,” constantly monitoring East Coast facilities of the company’s customers and protecting their operations from power interruptions and spoilage. Numerous critical East Coast operations are supported by PowerSecure’s IDG systems, including hospitals, schools, industrial sites, military installations, and commercial locations. The company’s IDG systems have operated to support facilities and provide onsite power for as long as 21 hours during the storm.

PowerSecure has additionally reported that its utility services team has sent crews to assist utilities with power restoration efforts along the eastern coast of Florida. The company’s team is supporting efforts to restore power as quickly as possible and is continuing to provide emergency services.

PowerSecure’s IDG systems and utility services teams were in full storm mode before Tropical Storm Beryl hit and will continue closely monitoring any developing storms throughout the remainder of the hurricane season, working to protect customers’ facilities and aid in power restoration efforts in the event of power losses.

PowerSecure International is a leader in providing utility and energy technologies to electric utilities and their industrial, institutional, and commercial customers. The company offers products and services in the areas of energy efficiency, interactive distributed generation (IDG), and utility infrastructure. PowerSecure is an innovator in developing IDG power systems with sophisticated smart grid capabilities.

For more information, visit the company’s Web site at www.powersecure.com

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MMRGlobal, Inc. (MMRF) Grows Domestic Membership Base to 1 Million Mark

Tuesday, May 29th, 2012

MMRGlobal, provider of online personal health records (PHRs) and electronic deposit box storage solutions, today announced that its domestic membership base for its patented PHR products and services has passed the 1 million mark.

The company said it expects this number to double before the end of this year with affinity programs through agreements with E-mailFrequency.com, and believes it has the highest member base of any “pure-play” PHR provider.

MMR’s member base includes customers who have paid access to the company’s MyMedicalRecords and MyEsafeDepositBox Web sites, along with private label Web sites.

“As our member base continues to grow, it creates a revenue generating platform for the company to sell affiliate products and services or for use in a targeted advertising model. Once users place any data in their account, they keep it. The more information that is stored in an account the stickier our service becomes,” Bob Lorsch, MMRGlobal CEO, stated in the press release.

MMR also noted that it currently is presenting its Interbit Data certified MEDITECH solution at the International MUSE Conference in Orlando, which will run through June 1. MEDITECH transfers patient records from MEDITECH EMR systems and delivers them into MMRPatientView, which can then be upgraded to a full-featured MyMedicalRecords PHR.

For more information visit www.mmrglobal.com

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GlobalWise Investments, Inc. (GWIV) Attacks Information Overflow

Tuesday, May 29th, 2012

GlobalWise Investments, via its wholly-owned subsidiary Intellinetics, is a Columbus, Ohio, based developer of ECM (Enterprise Content Management) systems, and offers industry-leading software that delivers cloud based ECM solutions. The company’s flagship platform, IntellivueTM, enables clients to access and manage all types of corporate content, including scanned documents, spreadsheets, email, photos, even audio and video content, almost anything that can be digitized, from any computer, tablet, or smartphone, from anywhere in the world.

Today, virtually every organization on earth increasingly depends upon digitized information, and the organization and access of that information is fast becoming a foundational element of corporate operations. The ECM industry is all about information organization and access, and is expected to exceed $5.7 billion by 2014, growing at a rate of over 10% per year. Traditional content management is simply no longer sufficient to meet the demands of far-flung divisions and on-the-move employees, and can become a significant drag on productivity. Information overflow can result in up to 85% of an organization’s critical content being trapped as unstructured data, a serious situation when concerned with issues like security, compliance, and redundancy.

By offering advanced cloud-based software and ECM solutions to the largely underserved small-to-medium size business market, GlobalWise is now in a position to capture a significant share of that market. The company’s Intellivue platform combines advanced virtualization and automated content management with an open, service-oriented architecture using web services. GlobalWise cutting-edge offerings and open software are used by leading hardware vendors that recognize the growing importance of advanced ECM.

The company has already been successful in targeting a range of industries and applications, including:

• Accounts Payable
• Financial Services
• Education
• Healthcare
• Law Enforcement
• Manufacturing/Distribution
• Retail

For additional information on GlobalWiseInvestments, visit the company’s website at www.GlobalWiseInvestments.com.

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East Coast Diversified Corp. (ECDC) Signs $5M Multi-year Distribution Agreement with Komtelecom of Russia

Tuesday, May 29th, 2012

East Coast Diversified, through its subsidiary EarthSearch Communications, today announced it has entered into a five-year master distributor agreement with Komtelecom in Russia, valued at approximately $5 million.

EarthSearch’s solutions utilize wireless communication between GPS and RFID to deliver solutions that include warehouse operation, movement of secured cargo, oil tankers, pipeline and other fixed assets management solutions, as well as fuel monitoring, temperature sensor, weight sensors, door sensor, and a variety of other custom applications.

Per the agreement, Komtelecom will serve as EarthSearch’s exclusive representative in Russia, and will hold non-exclusive representation in 10 other former Soviet Republics. Komtelecom will also host EarthSearch software under a special licensing agreement, and will secure its own local distributors and partners in the region through which it will offer EarthSearch’s logistics solution.

East Coast Diversified has had its eye on the Russian market, and for the first time, the company will host its proprietary GATIS applications outside the United States, in Russia. EarthSearch will modify its hardware to utilize the Russian made Glonass GPS receivers, which works exclusively within the Russian territory and former Soviet republics. Minimum annual purchases under the agreement will average $1 million annually, including other development and service costs.

“We have been working to establish presence in this region for some time now. It is a vibrant and fast growing market with significant need for advanced cargo and asset security technology. EarthSearch offers complex logistics application well suited to the needs in Russia. I am looking forward to working with Boris Kunin, CEO and all the other executives at Komtelecom,” Kayode Aladesuyi, CEO of East Coast Diversified stated in the press release.

For more information, visit www.eastcoastdiversified.com

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